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erastova [34]
3 years ago
12

If the costs of health insurance paid by employers decrease, then the economy will experience a _____ shock. Please choose the c

orrect answer from the following choices, and then select the submit answer button. Answer choices negative demand negative supply positive demand positive supply
Business
2 answers:
maria [59]3 years ago
6 0

Answer:

The correct answer is letter "D": positive supply.

Explanation:

A supply shock occurs when an unexpected event changes the supply of a good or service which changes the price of that product. When the supply shock is positive, the supply increases and the price decreases. If the supply is negative, the supply decreases and the prices increase.

Thus, <em>if the costs of health insurance decrease, expecting an increase in the supply in health insurance, the supply shock will be considered positive.</em>

Scorpion4ik [409]3 years ago
3 0

Answer: The correct answer is POSITIVE SUPPLY.

Explanation: Supply Shock is an even that suddenly results in an unexpected increase or decrease in supply of goods and services. For example, a steep rise or fall in oil prices.

Supply shock is said to be negative when it results in a decrease in supply and positive when it results in an increase in supply.

If the costs of health insurance paid by employers decrease, it shifts the short-run aggregate supply curve to the right making it a POSITIVE SUPPLY.

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Ierofanga [76]

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Which of the following terms is most closely associated with the statement: "attributes or benefits consumers strongly associate
kozerog [31]

Answer:

The answer is option B) Points-of-difference

Explanation:

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3 0
3 years ago
Which would the SEC most likely penalize for violating a regulation?
Mila [183]
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5 0
3 years ago
Read 2 more answers
Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 3% of credit sales will
defon

Answer:

$2,540

Options are inconsistent with given question

Explanation:

Allowance for uncollectible accounts is a contra asset account and it has credit nature. It needs to be debited to decrease the balance and credited to increase the balance. Balance of this account is adjusted in the account receivable to report the net receivable balance in the balance sheet.

As per given data

Beginning allowance for uncollectible accounts balance = $3,700

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Adjusted Balance = $3,700 - 2,700 = $1,000

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Estimated allowance for uncollectible accounts balance = $118,000 x 3% = $3,540

As allowance for uncollectible accounts has already have balance of $1,000, Bad debt expense for the year is $2,540 ($3,540 - $1,000).

4 0
3 years ago
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